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~ Hello Serafino', "Thanks" for the Best Regards' ... When You Ask "Why ?", I Have No Answer, That Question Has Been Asked Many Times', "Dragoon" Actually Asked The Same Thing Earlier This Morning ~
... My response would be ? ... none of that' or those opinions matters ... their considerations are mostly inaccurate
everything' will work out' ... WMI's Sub Network was based in REIT's ... now, ... WMI has reorganized into WMIH and is trading under symbol "COOP" ...
Have A Fine Day' :)
AZ
~ WMIH / symbol "COOP", and the DTC's Issued ESC Cusips "FUTURE" (use) Has Already Been Revealed, and Determined, within the WMI BK Docket & the Company's Post Reorganizations SEC Submissions ~
... "I agree, these chat rooms are loaded with complete and total ... "I's", ... that somehow believe that "other people" are responsible for their "f" stupidity and poor choices' ... or ? don't actually hold a position in COOP', ... have at it, the anger is obvious and worn quite' well, by the "don't haves" ... there are a lot of remora' suckerfish around' ... "sucker" being the operative word' ... the WMI / COOP Board is inundated with them' ..."
There's ZERO Value in time being wasted', arguing or debating ... my account Holdings' in ALL Cash', are quite secure' ... the CT's, and the WMB Notes' are included in the coming recovery's as well ... (2 more adds' just now show getting filled @ $41.00) ... Go COOP, ... Rock On', ...
AZ
~ "protest too much" ? Yep, ... "Accurately" ?, Nope, No Not Hardly, Not Even Close' LOL ~
just sayin' :)
AZ
~ Mr Cheese', It Doesn't Matter', Once The Accumulated Cash Was Used (legally), The CT's as Trusts' Continuation Remains', Separated From The Holding Company's BK and the Eventually Implemented Plan' ~
... Focus on the Holding Company, and its BK, has been methodically taken off into an area that is irrelevant' ... my opinion'
... Just like WMI, now COOP', the Corporate Structure is intact, and the US Legal System works' ... Separate from the Holding Company', Those CT's Have "Covenants" Imbedded within them'
AZ
~ SMH and LOL', Yeppers' RxW's Fluff Show without any actual Legal Traction "Achieved" ? right ?, Was Sort of Like Telling The Judge, "Your Honor, Your Shoe Is Untied", and the Judge Responds, "Yeah' I Know" ... LOL' ~
... tooooooooooooooooooooo funny', ... and the reality is ? ... per the docket ? ... meaningless' ...
"The Court said clearly that Executory Contracts (which CT Contracts are) cannot be abrogated by the BK Plan administrator/Debtors under the Guise of the company 'Filing for BK"."
no shit sherlock, ... I guess the Court was to stupid to know that', we simply needed Rex, to educate us' ... LOL
just sayin' :)
AZ
~ As I've Already Posted A Few Times' ? ... ? (0bviously missed' or overlooked) ?, ... after a request by another', I Only Worked On The CT's And Subsequently Decided To Open Positions In ALL Four of Them ~
Only The CT's ... Okay ? ...
(my research on WMI, now "COOP", and the DTC's Issued ESC Cusips', was much more detailed and involved, however that discussion area has become a complete joke', and waste of time)
just sayin' :)
AZ
~ Thanks Mr Pinny, Like Everyone Else, I'm Just Hangin' Around Waiting For The "Plans" Actual Implementation, Which Most Should Want ?, In My Opinion ?, I Can't Be Sure' But It Looks Like This March Completes The Creditors', We'll See ~
just sayin' :)
AZ
~ Hey Argus' How Ya' Doin ?, ... I Believe That The Holding Company's Plan Needs To Be "Implemented", That Completed Action, Will Release The CT's Back Into The Market ... ~
I said in another earlier post, ... WMI / COOP' ... Was Allowed To Implement Its Plan, and then' pay off the approved creditors' "after the fact" ... Lehman' has been the opposite' ... Lehman has been addressing the creditors ahead of its Plans Implementation ...
... I'm just wanting this Plan to be Implemented' ... I hope that helped ? ...
and', ... again I surely hope that no one finds my presentational approach personally offensive' ... I just don't pay a lot of attention to letters to the Court etc. never have' ... since they don't mean shit' ... is all ... just fluff' ...
just sayin' :)
AZ
~ Mr Cheese', and ADDED', In My Opinion ?, You're Wasting Your Time Offering A Wager' with this one' ~
... he / she is toooooooooooo busy throwing panty's on to the stage' ... :)
... ADDED', hopefully ?, no one finds my "moxy" and presentational approach offensive' ... I've made Judges break out in laughter many times' during one of my oral arguments at the district' ...
just sayin'
AZ
~ Mr Cheese', In My Opinion ?, You're Wasting Your Time Offering A Wager' with this one' ~
... he / she is toooooooooooo busy throwing panty's on to the stage' ... :)
just sayin'
AZ
~ Again', These "Letters" Don't Mean Diddly' Shit' "Obviously", If ?, Your Beloved Pals Had Any Balls' coupled with knowledge of the Court System and a smidge of legal prowess' ?, They Would Have Specifically Filed an Action as a Plaintiff Within The Appropriate Venue', Against The Party These pussy's Simply Think ?, Have Caused Them Damage's .... yeeeewsh', This Isn't Rocket Science', even for the uneducated' ~
... I agree, these chat rooms are loaded with complete and total idiots' ... idiots that somehow believe that other people are responsible for their fuckin' stupidity and poor choices' ... have at it, you wear it well', ... there are a lot of remora' suckerfish around' ... "sucker" being the operative word' ... the WMI / COOP Board is inundated with them' ...
Separate the Holding Company's BK Process, ...
just sayin'
AZ
~ cheerleading, fan clubs, roadies, and followers' ? ... don't and won't change the outcome of a process occurring within the Court's, the financial world', and the marketplace', The US Legal System dictates the Process' ~
"letters" to the Court mean Zero, ... only "signed" approved Court Orders' are relevant' ...
remember, ... "frankenstein" never actually hurt the little girl' ... right ? ... but ? we all witnessed what the ginned-up torch & pitchfork crown did' ... :) ... "only the holding company filed" ...
just sayin' :)
AZ
~ Good Morning To ALL', This Document Is "Process" Dated, However it was a part of my Original CT' Research Completed, Back When I was asked' to take a Look At These CT's, The Entire Volume of Completed Research Lead Me' to actually open My Own set of positions in All Four of the Lehman CT's ~
... The DTC' and It's Allowance, and ONLY It's Allowance, which is very strict', to be in a position to ADD these Cusip's (as shown) Is Relevant. These Actions Separate and Protect' a "Trust" from a Holding Company's ability ... to be purchased, file for Bankruptcy, etc. etc. etc. ...
As I've stated, In My Opinion ... The CT's accumulated "Cash" that has already been used was legally done within the confines of the Holding Company's BK ... However, ... The continuance of the same and the CT's Base Value will be Market Corrected, once the plan is implemented' ...
Please Review'
https://www.dtcc.com/~/media/Files/pdf/2012/3/13/OTC-049.ashx
ADD 52519Y209 LEHKQ LEHMAN BRO HLDGS CAP TST III 6.375% SER K 3/15/52
03/13/2012
ADD 52520B206 LEHLQ LEHMAN BROS HLDGS CAP TR IV PFD SER L
03/13/2012
ADD 52520E200 LHHMQ LEHMAN BROS HLDGS CAP TR V PFD SECS SER M 6%
03/13/2012
ADD 52520X208 LEHNQ LEHMAN BROS HLDGS CAP TR VI TR PFD SECS SER N
03/13/2012
just sayin'
AZ :)
~ Mr Cheese', LOL' "Only" When I'm Being Paid' ~
The Question' ? Post # 97354
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167141099
The Answer' Post # 97359
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167141384
toward the ending 10 years or so of the business function, it became cost effective to simply hire most of it out' ... However, I couldn't personally resist the opportunity to present at the AZ Appeals Court Three Judge Panel, which was successful ... a fond memory' ...
just sayin' :)
AZ
~ You Were Right', There's NO "shoot the breeze" between venues' ... yyyeeeeesh' ... I didn't mean to laugh at the stupidity ? ... But I Did'
AZ :)
~ "Sounds improbable", It Is', ... "More BS....?," Yeppers', More BS ~
... "Is that even possible?" ... Nope, That IS NOT HOW The Legal System, Between Venues' Works' ... I can always come here for a good' chuckle' ... Keep Going Guys, TooGood, Mr Cheese, Mr Jersey, Argus, etc., etc., etc., ... I never mean to ?, or purposely exclude anyone that is relevant' ... you guys are doing a great job' ...
"Asking. No legal background here.
More BS....?
Is that even possible?
Asking. No legal background here.
More BS....?"
~ Oh Well', pee-wee's Using Margin Having Their Stop Losses' Taken Out Again Today' "yawn", "CASH Is Always King" ... Go COOP', Go COOP', Go COOP' (later) ~
AZ
~ Go Big Brother', ~
"the registrant’s own operations before the succession appear insignificant relative to the operations assumed or acquired,"
You Gotta' Luv This Part' ... "Appear Insignificant" ... Ya Think ? ... LOL
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167553116
"Yeppers' ... symbol' COOP Is Representative of A Financial Leviathon, the Original WMI Holding Company's Reorganization, and Its Acquisition' ... and, ... the DTC's Issued ESC Cusips are representative of "Everything" WaMu', That Judge Walrath WOULD NOT ALLOW To Be Considered' in the Holding Company's BK ...
Rock On ... I'm having toooooooooooo much fun' ...
AZ
~ Thanks' and "Better Yet" ?, I simply C&P'd This Mornings JWW Post, ... But Yeah ? I still think the $73.00 per' is quite "LIGHT" In Light Of (pun intended LOL) My Posted Reasons' of Many ~
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167551448
... COOP ... Is and Has Been The "Tell" ...
... I know "We" disagree on the DTC's Issued ESC Cusips', and their functionality that was kept separate' from the Holding Company's BK proceedings' ... But ?, That's also OK, I recognize you as a long timer also' ... and hope you do well' ...
just sayin'
AZ
~ Well ?, ... "IN MY OPINION" When I Take Into Consideration Simply TWO of the numerous Issues' at hand', ... ONE' That "COOP"s" Accounting Methods and Corporate Structure Will Be Updated, ... and TWO' That Currently There's Only Some 75 million shares out' ? ... I Believe That JWW's Market Projections Being Reported' Are Quite "LIGHT" ~
HIGHEST $COOP price targets: Piper Sandler:$60, Credit Suisse:$52, Wedbush:$50, Barclays:$46
~ "ANYONE" Can CURRENTLY Buy Shares of "COOP" That Wants To' ... "ANYONE AT ALL" ..., The only difference is ? Those' That Already Have or Open A COOP Position ?, WILL' ... ~ Know What They Own ~ ... Comparatively ~
There Have Been Numerous Entry Points in "COOP" available to anyone and everyone' ... Especially' after AZ Posted To Everyone' in latter 2017', to ... "Watch The Newco' (COOP) It Is The "Tell" ... and guess what ?, It Has Been' ...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167539345
just sayin'
AZ
~ DarkB4', Wow, "Suspend Her In Air" That' Sounds Very Cool', How About Some "slick" SEC Reporting and Allowable' Accounting Used For Your Morning Coffee' ?, I'm Sure, "s@@n" To Be Updated As of the New "as of 12/31/2021" 10-K That's Coming On The Very Near Horizon ~
... "COOP" ... is the current designated symbol for a Financial Monster', The Original, Now Reorganized', ... WMI Holding Company ... As "Operational Predecessor Protocol's" continue to be used'
the DTC's Issued ESC Cusips Designate the Original Owners of the Financial Portions of the WMI Holding Company', Judge Walrath Would NOT ALLOW Into the "Holding Company's" BK Proceedings' ...
First: From The "as of 12/31/2020" 10-K ... As Listed', "The Registrant" and the "ONLY OPERATIONAL" Sub That Is Being Reported "as of 12/31/2020" while the WMI / WMIH litigation had been being completed' ... Now ALL That Is Done Of Course' ...
"The Mr Cooper Group"
(Exact name of registrant as specified in its charter)
10-K Reporting' Only ONE' Operational Sub' ... NationStar Mortgage LLC' ... now that's Hilarious' ... just sayin'
Subsidiaries of Registrant Listed:
Nationstar Mortgage Holdings Inc.
Nationstar Sub1 LLC
Nationstar Mortgage LLC
Second: and some MORE', From The "as of 12/31/2020" 10-K
"Under Securities and Exchange Commission (“SEC”) rules, when a registrant succeeds to acquire substantially all of the business of another entity and the registrant’s own operations before the succession appear insignificant relative to the operations assumed or acquired, the registrant is required to present financial information for the acquired entity (the “Predecessor”) for all comparable periods being presented before the acquisition. Due to the acquisition, the Predecessor and Successor financial statements have been prepared on different basis of accounting and are therefore not comparable."
Uhhhh, ... Yeah, No Kidding Right ? ... "insignificant" ... ? ... You Betcha' ... Insignificat' ... the WMI / WMIH Financially Powerful Subsidiary Network', Was Massive' ... and Judge Walrath Kept The Corporate Veil From Being Able to be Pierced' ... Only The WMI Holding Company Filed ?, and was Reorganized ...
"the registrant’s own operations before the succession appear insignificant relative to the operations assumed or acquired,"
I would suggest that a few' "others" ?, ... Not' You Of Course', ... "bone up" on a Company's SEC Filing Basics of Understanding' ...
Yeppers, ... Thanks Judge Walrath, and Thanks to KKR' ... Have A Great Day Old Friend' ... Everything Is Fine' ... Just Fine' :)
Oh Yeah, and LOL' Here's the link to the 10-K for those that need to study up on how to read a Company's SEC Submissions' ... LOL' ... oh my' LOL ...
https://www.sec.gov/ix?doc=/Archives/edgar/data/933136/000093313621000005/coop-20201231.htm
just sayin'
AZ
~ Temper', Temper', Now', Only The WMI Holding Company Filed and Was Reorganized' ~
... everyone released and received the DTC's Issued ESC Cusips ... right ? ... and' then, ... was maybe able to participate in some of those tasty' "COOP" entry point possibilities' ... ? ...
anyhew' check those temper's appropriately ...
just sayin'
AZ
~ Hey', It's All Very Well Documented', Everyone' Was Told At The Exact Very Same Time', To ~ Watch The NewCo' It Was The "Tell" ~ ... And Guess What ? ... It Has Been' ... Go COOP' ~
... Money Is Neutral' ... Making Money Is COOL' ... hang on to the anger', ... you wear it well' ... in the mean time ? ... COOP's still moving Up ? ...
There's Still Time, ? ... "COOP" is still moving ? ...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167539345
just sayin'
AZ
~ Well ?, Those Available WMIH "COOP" Entry Points Have Been Available To "Anyone" ? Excuse Me ?, LOL', But I Don't Have any Aversion To Making Money In The Market', Thanks Judge Walrath, Thanks KKR, and Thanks to "COOP" for the "Cash" purchased' new 2LT' C-8', it's very cool ~
"nothing has happened", ... that's hilarious' ...
Doreen is a friend of mine' and I've never punched a time-card' little cubical clerk' person', ... LOL' ...
There's Still Time, ? ... "COOP" is still moving ? ...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167539345
just sayin'
AZ
~ It's ALL Good Brother', These Institutional Participants' Are Here For A Reason', AZ Gets It', and AZ Also Owns All Of The Three Issued' ESC Cusips', Plus WMB Notes' ... Yeppers', COOP Is The Tell', ... Understand Plan 6', Participate in Plan 7', ... ... the attempts to disrupt Judge Walrath's Plan ALL Failed', ... and the "wmi-lt" Has Never Mattered' ... ~
... We're Good, Nothing Has Disappeared and the Original WMI Operational Protocol's Have Been Maintained' ... Go COOP'
Thanks Judge Walrath for Saving My Participation Opportunities' with Plan 7, and My NewCo Shares, and My DTC' ESC Cusips Issued', ... and Thank You KKR for Saving My Company' ... absolute genius's ...
Have A Great Day Old Friend'
AZ
~ After ALL Of These Years ?, AZ Won't Take The Time' To Explain What Should Already Be' Basic' Common Investors Knowledge', Regarding symbol "COOP" and Every Other Openly trading security', ... LOL' ... and (duh), my little remora "suckerfish(s)", ... the SEC site is ?, and always has been available to everyone' ... navigational knowledge of a Company's SEC Submission ? seems to be a bit' lacking ? ... hhhhmmmmm ?, LOL' ... ? ... ~
Go COOP', Go COOP', ... there, ... that should be sufficient for a low I-Q'
just sayin'
AZ
~ A Company's "Corporate Structure" Is Revealed In Every SEC 10-K' Submitted, WMI / WMIH / now being called "the Mr Cooper Group", ... Is No Different' ... All That Is Needed ?, Is The Ability to "Know Where and How to Review A 10-K, as basic investor knowledge" ?, and "Basic Reading Ability's" ... duh' ... and wow', LOL' ... wow, just when I thought I had heard everything' ... its' all on the SEC site' for the l@@king' ... LOL (duh) where's my little remora' ? (suckerfish), LOL ~
LOL'
AZ
~ The "wmi-lt" Is ?, and Always Has Been', Completely "Irrelevant" ... the DTC Issued The ESC Cusips', and Only The DTC Can Remove Them' ~
I'm not posting any dates' ... the future movements are and will be dictated by the current "COOP" BOD's ... I don't know "when" or the amounts' each ESC Cusip has as accumulated withheld interest earnings, still needing to be returned' ... Again, ... those date's are being discussed by "others" ... not by AZ ...
AZ
~ Yep', I Have Absolutely ZERO Doubt' ... The ABS and CMBS WMI' Subsidiary Managed Trusts' Were "REITS", (90% Returns to the WMI Company's Common Shareholders' by way of a dividend' issued', the 968's) ... the WMI Fixed Income Bonds' ? (P's 992's and K's 84's) Were Handled By A Subsidiary' ~
The Original WMI Holding Company's Operational Protocol's dictated the interest returns' ... nothing has changed' ... although delayed', by frivolous and failed' litigation attempts to disrupt Judge Walrath's Plan', the NewCo', the Reorganized WMI, represented by symbol "COOP" maintains the same Operational Protocol's ... REITS' ...
just sayin'
AZ
~ As symbol "COOP" Continues Upward', as the Financially Productive "Tell" ~
... while the irrelevant', "wmi-lt"s distractions and the guessing has continued', ? ... there's been numerous opportunities to make some serious "Cash" as an investor' on NasDaq symbol "COOP" ...
Jan 18, 2022 ? ... Yep', lookin' good "COOP" ... Go COOP', Go COOP', ... (let's see that "as of 12/31/2021" 10-K Corporate Structure')
listed here, are some previously available "COOP" entry points' ...
Nov 01, 2021 44.08
Oct 01, 2021 41.34
Sep 01, 2021 39.00
Aug 01, 2021 36.78
Jul 01, 2021 33.24
Jun 01, 2021 34.84
May 01, 2021 34.57
Apr 01, 2021 34.79
Mar 01, 2021 32.43
Feb 01, 2021 27.22
Jan 01, 2021 31.46
Dec 01, 2020 27.07
Nov 01, 2020 21.54
Oct 01, 2020 22.39
Sep 01, 2020 18.18
Aug 01, 2020 16.61
Jul 01, 2020 12.44
Jun 01, 2020 11.17
May 01, 2020 9.70
Apr 01, 2020 6.86
Mar 01, 2020 12.83
Feb 01, 2020 12.51
Jan 01, 2020 12.54
Dec 01, 2019 13.45
Nov 01, 2019 12.89
Oct 01, 2019 10.63
Sep 01, 2019 8.67
Aug 01, 2019 8.01
Jul 01, 2019 8.07
Jun 01, 2019 7.61
May 01, 2019 8.45
Apr 01, 2019 9.61
Mar 01, 2019 13.77
Feb 01, 2019 15.38
Jan 01, 2019 11.51
Dec 01, 2018 15.25
Nov 01, 2018 14.41
Oct 11, 2018 12:1 ... Stock Reverse Split, Of TOO Many Shares'
Oct 01, 2018 16.68
Sep 01, 2018 18.12
Aug 01, 2018 16.56
Jul 01, 2018 16.32
Jun 01, 2018 16.20
May 01, 2018 16.56
Apr 01, 2018 17.04
Mar 01, 2018 15.36
Feb 01, 2018 11.40
Jan 01, 2018 10.32
Dec 01, 2017 10.08 ... AZ's, Notification To ~ Watch The NewCo', It Is The "Tell" ~
Nov 01, 2017 10.08
Oct 01, 2017 12.00
Sep 01, 2017 15.00
Aug 01, 2017 13.80
Jul 01, 2017 15.00
Jun 01, 2017 13.80
May 01, 2017 17.40
Apr 01, 2017 17.40
Mar 01, 2017 16.20
Feb 01, 2017 18.60
Jan 01, 2017 19.20
===========================
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166632608
Again Simply', "Everyone" Was Told and Told Here', At The End of 2017' and beyond, That It Would Be The "NewCo" the Reorganized WMI', to WMIH now to "COOP" That Would Be "The "Tell"
What was chosen to be done with that research' provided ?, was as always, ... a choice', ... make fun of the messenger or worse' ?, but the pps dictates reality' ... "Everyone" was notified in time to replace, rebuild, or increase, a financially positive position in "COOP" ...
... "WE" Move Forward ... Go COOP', Go COOP', ... Go COOP' ...
just sayin' :)
AZ
~ Only The WMI Holding Co. and One Sub' Filed, and Reorganized ... period' ~
... Judge Walrath "Stopped" The Attempts (goldstein & rosie), To Join (for procedural purposes) The Financially Active' Producing WMI Subsidiary's ...
... there continues to be way tooooooooo much distraction and continued considerations of the financially irrelevant "wmi-lt" ... past and present tense' ... fueled by a powerful debtor hired restructuring component', and simple minds ...
... the now document' completed "wmi-lt" CURRENTLY Has ZERO to do with the use of the DTC's Issued ESC Cusips, and has ZERO to do with "COOP" ...
in the "wmi-lt"s own words;
http://www.wmitrust.com
"By way of background, as of the Effective Date of the Plan, the Depository Trust Company (“DTC”) established and maintains positions in the aforementioned Escrow CUSIPs."
hanging on to the numerous pipe dreams ?, and misunderstandings, ... will change absolutely' ZERO' ... "it is what it is" ...
The DTC's Issued ESC Cusips COULD NOT Be Cancelled by rosie' or by Anyone Else For That Matter ...
The DTC's Issued ESC Cusips will remain intact in ones Brokerage Account(s) or Bank', until the DTC decides that the interest earnings', "CASH" returns still owed, are completed by ALL of the "Trustee(s)" ... as' referred to in the Disclosure Statement' ...
Go COOP', Go COOP', ... let's see that 10-K "as of 12/31/2021"
just sayin' :) ... "~ An Army Of One ~" ... Rock On People',
AZ
~ MyPlace, I Really Don't Want To Go Through This Again, I've Already Revealed What Was Done By KKR To Save WMIH Many Times', It's ALL On The SEC site' ~
Here's a readers digest version' ... WMIH Did Not Have Enough Cash or Shares to complete the Acquisition of NationStar, J Brey would not budge on the details, ... SO' ... KKR generated the Cash Needed, by selling shares in the 2nd private rights offering, and allowed WMIH to complete the acquisition ... then ?, ... too many shares were reverse split in Oct 2018 ...
AZ
~ ItsMyOption, The "wmi-lt"s Administrators DON'T HAVE ANYTHING To Do With Any of the Disclosure Statement's Segregated "Trustee(s)" Distributions' ~
Per the Disclosure Statement', as referenced, and prior to Kosturus being named, the "Trustee" was to be available', In "The Event" That ANY OF THE Segregated "Trustee"(s) Referred to in the Disclosure Statement', Found Any Difficulty in Performing their own fiduciary responsibilities and distributing ... Obviously there haven't been any issues' ... I never thought there would be any problems', ... These continuing MBS and CMBS were "REITS" ... and the "wmi-lt" NEVER MATTERED'
and again, ... as representative of the WMI Holding Company Only', the "wmi-lt" has never been in a position to dictate policy to the DTC' ... nor have its administrators been in a position to dictate or release any forthcoming completely segregated from the WMI holding company distributions' ...
AZ
~ Yes9', I Firmly Believe That "WE" Will Know Quite Soon, as The WMIH "COOP" Company's 10-K Will Soon Be Released ... "as of 12/31/2021" ... ~
SEC Rules, dictate that "IF" a company has major movements planned, ... a complete "Corporate Structure" must be revealed within it's 10-K for the upcoming year's events ... WMI itself, followed these SEC reporting rules as it reported its complete Corporate Structure within its "as of 12/31/2007" 10-K ... as the TPS was to become involved, and the common share structure was to be changed in year 2008' ... So, In My Opinion, ... ? ... IF' 2022 is to finally be the year, ... the Company's 10-K soon to be filed "as of 12/31/2021" and a full reveal of the Company's "Corporate Structure" ... will be the final word' on a positive result for "everyone" involved ...
... Yes9, It Is My Opinion, That "WE" should begin experiencing the evidence of the positive information soon to come, at any time now ... the Segregated "Trustees" are in a position to begin' ... and the "wmi-lt" was never in a position to dictate policy to the DTC' ...
... BOTH' obviously the Holders of "COOP" positions which have flourished since latter 2017', as well as the holders of the DTC's Issued ESC Cusips, currently showing in one's Brokerage Account' ...
I've always believed the Disclosure Statement' ...
Have A Great Day' :)
AZ
~ RW and Yes9', The "army of deception" Was Specifically Hired', Referred to as "The Restructuring Component" ... Their Engagement Letters Revealed A Lot', While The WMI BK Docket Filings and Now The Company's SEC Submissions Revealed The TRUE Process' ... WMI's Operational Protocols Have Never Changed and ONLY The Holding Company Filed BK and Reorganized, ask rosie' He Knows, As Well as AZ' knows' (just a truth-revealing-burr, under the saddle) ~
... As posted many times, and now document released' for years now, ... the DTC Issued everyone's ESC Cusips, actually on 03/20/2012', one day after' WMI's Plan was Implemented' on the 19th' of March 2012', ... and Only the DTC is able to remove them ...
==========
Take a Look' ... everything has been removed'
http://www.wmitrust.com
Here's what the "wmi-lt" has said consistently, remembering that Only The WMI Holding Company Filed ?, Reorganized and Had a Holding Company Specific Liquidation Trust to Pay Off The Courts allowed creditors ... As posted for years, it was the DTC that issued the ESC Cusips' ...
"By way of background, as of the Effective Date of the Plan, the Depository Trust Company (“DTC”) established and maintains positions in the aforementioned Escrow CUSIPs."
==========
the WMI, now the WMIH Preferred Managing Sub, like ALL of WMI's many subsidiaries was NOT a part of the Holding Company's BK, or it's reorganization ... That Sub, as well as many, Is Easily Able to be tracked on the SEC site' ... NO PIE IN THE SKY' ...
... WMI Operational Protocol's utilized participation in MBS and CMBS ... "REITS" ... and the Tax Man WILL NOT BE DENIED ...
Those DTC Issued ESC Cusips will need to be utilized, specific to one's original Plan 7' participation ... be it a fixed income WMI' bond' 992' or an 84', ... Or, a 968' common share owner of the company ... now reorganized and trading as symbol "COOP" ...
Thanks Judge Walrath for saving Us', and Thanks KKR for saving the reorganized WMI', ... WMIH as symbol "COOP" ... you guys rock'
Go COOP', Go COOP', ...
AZ
~ WMI's Operational Protocol's, Continue, "Beyond" It's now "Implemented" Reorganization by way of WMIH and NasDaq symbol "COOP" ~
... Nothing Has Changed' ... the Process, originally used, now carried forward into the NewCo, ... Remains Intact' ...
... the army of deception has run its course, and have always been meaningless' and irrelevant' ... "it is what it is"
just sayin'
AZ
~ The WMI BK Docket and now the Company's SEC Submission Documents Provided, Needed To Be Read In Their Entirety, Including the "wmi-lt" Faq Releases ... Which ?, Like ALL of the Other Document References Will ALSO SOON BE GONE From the WMITRUST site', as stated On 01/31/2022 ~
Take a Look' ... everything has been removed'
http://www.wmitrust.com
Here's what the "wmi-lt" has said consistently, remembering that Only The WMI Holding Company Filed ?, Reorganized and Had a Holding Company Specific Liquidation Trust to Pay Off The Courts allowed creditors ... As posted for years, it was the DTC that issued the ESC Cusips' ...
"By way of background, as of the Effective Date of the Plan, the Depository Trust Company (“DTC”) established and maintains positions in the aforementioned Escrow CUSIPs."
it's right there;
http://www.wmitrust.com/WMITrust
Forget about the "wmi-lt" it's been financially irrelevant for years ...
Here, this is a factual review for anyone that is actually interested' ...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167505497
Again, ... It Is The Reorganized WMI Holding Company, now using symbol COOP on the NasDaq, That IS THE "TELL" ... WMI's Operational Protocols continue to be utilized' ... only now by COOP (WMIH) ...
... Thanks Judge Walrath, and Thanks KKR, you guys are genius's ...
AZ
~ "PEOPLE", Judge Walrath', WOULD NOT' Allow the WMI Holding Company's "Corporate Veil" To Be Pierced "EVER", Judge Walrath WOULD NOT' ALLOW Any Financial Consideration Presentations', BY ANYONE' Beyond The WMI Holding Company Itself' ~
... Plan 7's Approved Reorganization and Implementation Stayed Specific To WMI's Holding Company and its Court Allowed Liquidation Trust, (the "wmi-lt") ... NONE of the WMI Holding Company's Financially Positive Producing Network of Subsidiaries, and the WMI Capital Trust', WERE EVER ABLE TO BE CONSIDERED, By Judge Walrath's Strict Rule' ... period' ...
The references to the term's "debtor" and "debtor in position" were SPECIFIC To The WMI Holding Company's Reorganization ... ONLY' ... those terms are irrelevant now'
... although a contentious issue for many, many, years', no one' can disregard these "FACT's" due to their simple convenience, a misunderstanding of the docs', and confused ownership issues' ...
Yes, ... the NasDaq symbol "COOP" is now the present tense depiction of the Reorganized WMI' ... Yes, ... COOP IS The "Tell" ... WMI's Subsidiary Network Has Remained Functional, now of course, Managed by the Reorganized WMI's BOD' ... "COOP"s BOD's ...
and the original DTC's issued' ESC Cusips still have a purpose that is yet to be used' to complete the earned interest income return distributions, still owed' per individualized ESC Cusip'... individualized by the Cusip Numbers Issued Themselves', ... WMI's fixed income bond, 992's, 84's and the common share, 968's ...
sorry but, there never has been any 75/25 to the end, never has been' ... sorry but, but the "wmi-lt" has always been financially irrelevant, always has been' ... sorry but, the delays and disruptions, attempts to unravel Judge Walrath's Plan, now for 10 years (ish)' ... did not accomplish anything' ... nope' not hardly ... all based upon sloppy, sloppy, sloppy, and poorly researched' material, material that was unable to stay specific to the WMI Holding Company, Its Filings for BK, and its subsequent approval by Judge Walrath to be legally reorganized ... "Plan 7" ...
READ THIS FINAL "wmi-lt" Disclosure Carefully' ... as even the "wmi-lt" refers to the ESC Cusips' ... the "wmi-lt" is only referencing the ESC Cusips as they pertained to the "wmi-lt" itself ... these words are important'
Please DO NOT Allow any twisting of my post' ... the documents, and the SEC Filings show a positive result ... the recoveries and the use of the DTC's issued ESC Cusips are very, very, important to many of us
It's all here ... Please Review The Literal Text Carefully' ...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167461530
The DTC Distributes CASH' and will utilize your DTC Issued ESC Cusips, 992's, 84's and the 968's ... Computershare is the company's transfer agent, and will issue any actual shares of COOP', ... The "wmi-lt" stayed specific to the Holding Company's BK, the Approved Liquidation Trust, and the SETTLEMENT Portions of Plan 7', allowing for the distribution of the remaining shares, that had been carved out and held' within the DEE (Disputed Equity Escrow) ... But That Was ALL: ... The "wmi-lt" COULD NOT REFER TO ANYTHING THAT WAS OUTSIDE OF THE HOLDING COMPANY", It's Reorganization, or the Plan 7 Settlement' ...
The DTC will eventually eliminate its issued ESC Cusips, but NOT UNTIL, ALL Distributions have been made in proper order' ... including those WMI Subsidiary financial producers that were NOT Included within the WMI Holding Company's Bankruptcy Proceedings' ...
just sayin'
AZ
~ The Plan's Implementation Is "Limited" To The Holding Company and the Courts Approved Payments To The Holding Company's "Creditors" ~
... The CT's Are Separated, From The Holding Company' By Their "Covenants" ...
This process, Just Like WMI's', has been inundated with irrelevant considerations', and a lack of focus on the literal and the specifics ... the Holding Company' ... period'
The "Plan" needs to be "Implemented" sooner rather than later, allowing the CT's to move forward' ... In my opinion ?, the Court Allowed Creditor's will finally be completed in March of 2022', with an acceptable ending loss' ratio issuing the remaining "CASH", allowing for the Plan' of Reorganization, to be "Implemented" ...
"Education" Is A Gift Joe' ... typing skills are a middle school elective', irrelevant when it comes to investing ... your lack of actual process knowledge, is quite obvious' ...
... the ending result coming to an owner of the CT's, will be quite financially positive' ... only the accumulated cash was legally able to be used' ... the CT's producing securitizations remain powerful' ... "Implement The Plan"
(WMI's Plan Was Implemented and then the Creditors were paid', This Holding Company's Reorganization is addressing the creditors first, ahead of the Plan's Implementation) ... BOTH' are specific to the Holding Company Only' ...
Have A Great Day People' :)
just sayin'
AZ